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Investors at first cheered Plank’s return: ... Under Armour also announced that, as Plank becomes CEO, Mohamed A. El-Erian, the former PIMCO CEO, will become the non-executive chair of its board.
Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, ... 2024 Kevin Plank returns to company as CEO ...
Shares of Under Armour (NYSE: UA) slumped 9.6% on Tuesday as of 12:17 p.m. ET.. The athletic apparel and shoe company has had a tough few years, as growth stalled out and profits have taken a hit ...
Between 2014 and 2016, Under Armour spent close to $1 billion to acquire makers of activity- and diet-tracking mobile apps. [23] [24] [25] Many long-term employees questioned Plank's strategy and whether the company would produce a return on their investment. Plank spent hours in one-on-one conversations to try to persuade those employees.
Under Armour’s comeback strategy is starting to take shape. The Baltimore-based athletic apparel, accessories and footwear company revealed quarterly earnings Tuesday before the market opened ...
Colin Browne is the CEO of Cascale, joining the consumer goods organization May 1, 2024. [1]Browne joined Cascale from Under Armour, where he most recently served as chief operating officer (COO) and interim CEO. [2]
Under Armour reportedly bid hard for a shoe deal with WNBA phenom Caitlin Clark, who many expect will sign with Nike. “The bottomline for Under Armour is for the brand to be clear about its ...
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